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Israel trade in 2024

In 2024, Israel exported $68.7 billion and imported $85.6 billion, a trade deficit of $16.9 billion. It was the world's 50th-largest exporter, with 0.3% of world exports. Its top export was microchips (18.7% of the total) and its main trading partner was the United States (20.9% of its trade).

Summary

Exports
$68.7billion
Imports
$85.6billion
Trade balance
-$16.9billion
Routes to the main partners. Width: trade value; color: estimated transport mode.SeaAirLand
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Products

What it exports

Microchips (18.7%) and diamonds (9.2%) together make up 27.9% of its exports.

  1. Microchips$12.8 billion · 18.7%
    Main partner: United States
  2. Diamonds$6.3 billion · 9.2%
    Main partner: United States
  3. Cameras and broadcast equipment$3.2 billion · 4.6%
    Main partner: United States
  4. Natural gas and LPG$2.8 billion · 4.1%
    Main partner: Egypt
  5. Medical and dental instruments$2.7 billion · 3.9%
    Main partner: United States
  6. Other measuring instruments$2.2 billion · 3.3%
    Main partner: China
  7. Medicines in measured doses or retail packs$2.2 billion · 3.2%
    Main partner: United States
  8. Refined petroleum$1.9 billion · 2.8%
    Main partner: Cyprus
  9. Turbojets and gas turbines$1.2 billion · 1.8%
    Main partner: United States
  10. Potash fertilizers$993 million · 1.5%
    Main partner: Brazil

What it imports

Cars (7.8%) and diamonds (3.7%) together make up 11.5% of its imports.

  1. Cars$6.7 billion · 7.8%
    Main partner: China
  2. Diamonds$3.2 billion · 3.7%
    Main partner: Belgium
  3. Cameras and broadcast equipment$3 billion · 3.5%
    Main partner: Ireland
  4. Medicines in measured doses or retail packs$2.1 billion · 2.4%
    Main partner: Switzerland
  5. Microchips$1.8 billion · 2.1%
    Main partner: United States
  6. Computers$1.7 billion · 2%
    Main partner: Ireland
  7. Bombs, missiles and ammunition$1.5 billion · 1.7%
    Main partner: United States
  8. Vaccines, blood and antisera$1.3 billion · 1.6%
    Main partner: Switzerland
  9. Crude petroleum$1.2 billion · 1.4%
    Main partner: Azerbaijan
  10. Turbojets and gas turbines$993 million · 1.2%
    Main partner: United States

Its products

Destinations and sources of its products that have their own page.

By Harmonized System chapter (96)
ChapterExportsImports
85 · Electrical and electronic equipment$20.5 billion$12 billion
90 · Precision and medical instruments$8.4 billion$3.7 billion
71 · Gems and precious metals$7.1 billion$4.1 billion
84 · Mechanical machinery$5.5 billion$10 billion
27 · Oil, gas and coal$5.2 billion$2.7 billion
30 · Pharmaceuticals$2.9 billion$3.6 billion
39 · Plastics$2.8 billion$3.2 billion
31 · Fertilizers$1.8 billion$136 million
88 · Aircraft and spacecraft$1.6 billion$907 million
28 · Inorganic chemicals$1.3 billion$543 million
29 · Organic chemicals$1.2 billion$1.4 billion
38 · Miscellaneous chemicals$1 billion$718 million
08 · Fruit and nuts$987 million$422 million
82 · Tools and cutlery$780 million$287 million
33 · Perfumes and cosmetics$593 million$946 million
20 · Preserved fruit and vegetables$516 million$518 million
93 · Weapons and ammunition$463 million$1.6 billion
94 · Furniture and lighting$445 million$1.4 billion
73 · Iron and steel products$373 million$1.9 billion
76 · Aluminum$350 million$929 million
87 · Vehicles$327 million$9.3 billion
21 · Food preparations$284 million$523 million
32 · Dyes, paints and tanning agents$269 million$448 million
56 · Felt, nonwovens and rope$241 million$120 million
07 · Vegetables$240 million$388 million
74 · Copper$233 million$436 million
81 · Other base metals$205 million$141 million
48 · Paper and paperboard$199 million$993 million
34 · Soap and cleaning products$198 million$463 million
60 · Knitted fabric$170 million$65 million
12 · Oilseeds and grains$170 million$480 million
19 · Baked goods and cereal products$165 million$553 million
72 · Iron and steel$155 million$2 billion
59 · Coated and technical textiles$149 million$68 million
68 · Stone, plaster and cement articles$143 million$389 million
40 · Rubber$138 million$682 million
54 · Synthetic filaments$137 million$103 million
83 · Miscellaneous metal goods$128 million$370 million
49 · Books and printed matter$122 million$91 million
25 · Salt, stone and cement$108 million$528 million
15 · Fats and oils$105 million$490 million
06 · Live plants and flowers$92 million$40 million
22 · Beverages and spirits$82 million$634 million
89 · Ships and boats$74 million$422 million
35 · Glues, starches and enzymes$62 million$172 million
62 · Woven clothing$59 million$1.2 billion
70 · Glass$58 million$464 million
17 · Sugar and sweets$57 million$494 million
97 · Art and antiques$52 million$43 million
91 · Watches and clocks$41 million$156 million
64 · Footwear$38 million$724 million
95 · Toys and sports gear$36 million$503 million
63 · Home textiles and used clothing$35 million$372 million
42 · Leather goods and bags$32 million$256 million
16 · Prepared meat and fish$30 million$264 million
75 · Nickel$30 million$69 million
52 · Cotton$29 million$51 million
78 · Lead$28 million$5 million
18 · Cocoa and chocolate$28 million$397 million
69 · Ceramics$25 million$508 million
61 · Knitted clothing$23 million$1.4 billion
01 · Live animals$21 million$376 million
09 · Coffee, tea and spices$20 million$291 million
03 · Fish and seafood$18 million$859 million
04 · Dairy, eggs and honey$16 million$239 million
13 · Gums and plant extracts$15 million$35 million
44 · Wood$13 million$644 million
37 · Photographic goods$11 million$278 million
23 · Animal feed and food waste$10 million$755 million
36 · Explosives and matches$10 million$54 million
26 · Ores and slag$10 million$13 million
96 · Other manufactured goods$9 million$171 million
67 · Feathers and artificial flowers$9 million$63 million
11 · Milling products and malt$8 million$123 million
55 · Synthetic staple fibers$8 million$167 million
65 · Hats$7 million$88 million
86 · Railway equipment$7 million$775 million
47 · Wood pulp$7 million$149 million
41 · Hides and leather$6 million$13 million
58 · Special fabrics and lace$3 million$25 million
14 · Other plant products$3 million$7 million
79 · Zinc$3 million$30 million
92 · Musical instruments$2 million$29 million
80 · Tin$1 million$4 million
02 · Meat and offal$1 million$1 billion
57 · Carpets and rugs$1 million$79 million
10 · Cereals$967 thousand$1.1 billion
05 · Other animal products$670 thousand$7 million
45 · Cork$423 thousand$7 million
24 · Tobacco$367 thousand$375 million
51 · Wool$204 thousand$9 million
43 · Fur and fur goods$70 thousand$682 thousand
53 · Other plant fibers$64 thousand$10 million
46 · Wicker and basketware$45 thousand$21 million
66 · Umbrellas and canes$44 thousand$13 million
50 · Silk$20 thousand$427 thousand

Trading partners

Its main destination is the United States (31.2% of exports) and its main source is China (14.1% of imports).

Who it sells to

PartnerValue (USD billions)ShareMode
United States21.431.2%Air
China710.2%Air
Ireland4.26.1%Air
Egypt2.94.3%Land
Germany2.94.2%Air
Hong Kong2.13.1%Air
Netherlands2.13.1%Sea
United Kingdom22.8%Sea
France1.52.2%Sea
India1.42%Air

Who it buys from

PartnerValue (USD billions)ShareMode
China12.114.1%Sea
United States10.812.6%Air
Germany6.47.5%Sea
Switzerland4.35.1%Air
Netherlands3.84.4%Air
Italy3.54.1%Sea
United Arab Emirates2.83.2%Sea
Hong Kong2.73.2%Air
Belgium2.73.2%Air
United Kingdom2.63.1%Air

Overview 1995–2024

In 2024, Israel accounted for 0.3% of world exports, compared with 0.39% in 1995.

Exports and imports

Exports grew 3.5-fold since 1995

USD billions (current). Bars: trade balance (green surplus, red deficit).

  • Exports 68.7
  • Imports 85.6
  • Balance -16.9

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$19.9 billion$27.4 billion-$7.5 billion
1996$21.3 billion$29.7 billion-$8.4 billion
1997$23.4 billion$28.7 billion-$5.3 billion
1998$24.6 billion$27.7 billion-$3.1 billion
1999$27.5 billion$30.8 billion-$3.4 billion
2000$32.6 billion$35.5 billion-$2.9 billion
2001$30.4 billion$33.4 billion-$2.9 billion
2002$30.3 billion$33.1 billion-$2.8 billion
2003$32.2 billion$33.8 billion-$1.5 billion
2004$38.3 billion$40.6 billion-$2.3 billion
2005$43.5 billion$44.4 billion-$954 million
2006$47.6 billion$46.4 billion$1.2 billion
2007$57.7 billion$59 billion-$1.3 billion
2008$64.2 billion$65.7 billion-$1.5 billion
2009$51.7 billion$47.6 billion$4.1 billion
2010$62 billion$56.9 billion$5.1 billion
2011$72 billion$68.5 billion$3.5 billion
2012$67.8 billion$68.3 billion-$495 million
2013$70.8 billion$66.4 billion$4.4 billion
2014$71.2 billion$70 billion$1.2 billion
2015$66 billion$61.3 billion$4.8 billion
2016$60.1 billion$68.9 billion-$8.8 billion
2017$60.8 billion$72.4 billion-$11.5 billion
2018$63 billion$78.8 billion-$15.8 billion
2019$58.7 billion$73.8 billion-$15.1 billion
2020$52.9 billion$69.2 billion-$16.3 billion
2021$67.6 billion$89.9 billion-$22.3 billion
2022$82.2 billion$101.3 billion-$19.1 billion
2023$77.3 billion$86.2 billion-$9 billion
2024$68.7 billion$85.6 billion-$16.9 billion

World rank

Israel fell from 39th to 50th among the world's exporters

Rank among 222 countries by export value (1st at the top).

  • 39th in 1995
  • 50th in 2024

Source: CEPII BACI

Show the numbers
YearRank
199539th
199641st
199740th
199840th
199937th
200036th
200139th
200239th
200340th
200441st
200544th
200646th
200746th
200851st
200947th
201047th
201152nd
201253rd
201352nd
201448th
201541st
201645th
201748th
201850th
201949th
202048th
202148th
202249th
202348th
202450th

What it sells

Electrical and electronic equipment became its top export group: from 13% to 30%

% of exports by Harmonized System chapter.

  • Other 21%
  • Fertilizers 3%
  • Plastics 4%
  • Pharmaceuticals 4%
  • Oil, gas and coal 8%
  • Mechanical machinery 8%
  • Gems and precious metals 10%
  • Precision and medical instruments 12%
  • Electrical and electronic equipment 30%

Source: CEPII BACI

Show the numbers
Chapter19952024
Electrical and electronic equipment13%29.8%
Precision and medical instruments4.3%12.2%
Gems and precious metals29.8%10.3%
Mechanical machinery10.3%8%
Oil, gas and coal0.54%7.6%
Pharmaceuticals0.98%4.2%
Plastics4.3%4%
Fertilizers2.6%2.6%
Other34.1%21.4%

Who it trades with

China went from 0.7% to 12% of Israel's trade

% of total trade (exports + imports) with each partner.

  • United States 21%
  • China 12%
  • Germany 6%
  • Ireland 4%
  • Netherlands 4%

Source: CEPII BACI

Show the numbers
Partner19952024
United States23.8%20.9%
China0.72%12.4%
Germany8.3%6%
Ireland0.5%4.2%
Netherlands3.7%3.8%

Production hubs

Largest industrial emission sources (Climate TRACE, 2025)

  • Orot Rabin power stationPower · 9.6 Mt CO₂e
  • Rutenberg power stationPower · 5 Mt CO₂e
  • Eshkol power stationPower · 4.7 Mt CO₂e
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Largest economic production hubs (gridded GDP, 2024)

  • Tel Aviv$346.1 billion (PPP, 2021 dollars)
  • Haifa$86.2 billion (PPP, 2021 dollars)
  • Beer Sheva$38 billion (PPP, 2021 dollars)
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Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. Ranks are computed among the countries with data each year. Services are not included. Data up to 2024.

Neighboring countries

Main partners

See all countries